Tag: cryptocurrency

Brazil Imposes Flat Tax Rate on Crypto Profits

Brazil Imposes Flat Tax Rate on Crypto Profits

Brazil has taken significant steps forward with its crypto tax policy. Its new tax rate for all crypto investors is a 17.5% flat profit tax. Brazil’s Finance Minister Joaquim Levy first introduced this change as part of Provisional Measure No. 1303. This is a departure from the current, highly simplified...

Brazil's Crypto Tax Shock: 17.5% Flat Rate Hurts Small Investors

Brazil's Crypto Tax Shock: 17.5% Flat Rate Hurts Small Investors

Brazil’s crypto landscape is certainly thriving, but not all the stories this side of the equator are positive. Rohan Prasad has earned a following as a young crypto blogger, thanks to an engaging and accessible style. He is enhancing his compelling analysis of the potential fallout from Brazil’s new flat...

Cristiano Ronaldo and Binance Launch Sixth NFT Collection, "Forever to the Moon"

Cristiano Ronaldo and Binance Launch Sixth NFT Collection, "Forever to the Moon"

Cristiano Ronaldo and Binance have recently released their sixth collaboration of digital collectibles. Dubbed “Forever to the Moon,” this collaboration wants to bring Web3 innovation to the dynamic arena of sports. The global soccer icon has partnered with the FTX cryptocurrency exchange to transform the entire collectibles experience. Together, they...

Avalanche's AVAX: The Data Doesn't Lie, It's Primed for Growth

Avalanche's AVAX: The Data Doesn't Lie, It's Primed for Growth

Let's cut the BS. After all, you wouldn’t be here if you weren’t curious to find out whether AVAX will earn your hard-earned dollars. Forget the hype, forget the FUD. So let’s explore what the data is telling us.AVAX's Throughput Is A Game ChangerImagine Avalanche as an ice-cream truck on...

Avalanche Demonstrates Resilience Amidst Market Fluctuations

Avalanche Demonstrates Resilience Amidst Market Fluctuations

There’s a lot happening on Avalanche (AVAX) these days—and with good reason. Prices are spiking, trading volumes are exploding, and expensive but exciting upgrades to the underlying network are taking place. AVAX has a total supply of 456.81 million tokens. With 421.81 million of those currently in circulation, it makes...

Beyond the Hype: Why Avalanche's AVAX is Building a Real Future

Beyond the Hype: Why Avalanche's AVAX is Building a Real Future

Let’s face it, the crypto world is filled with get-rich-quick schemes that offer you everything and end up giving you…noodles. It’s very, very easy to get sucked into the hype, the dollar pumps, and the never-ending “next big thing” stories. Every so often, a project comes along that’s really doing...

Avalanche (AVAX) Soars: Is Now the Time to Buy In?

Avalanche (AVAX) Soars: Is Now the Time to Buy In?

Avalanche (AVAX) has been making waves in the crypto market, showing significant price movement and attracting the attention of investors. Friends 1/ Rohan Prasad takes a deep look at what’s driving AVAX’s recent breakout. While he is optimistic on the investment opportunities, he offers a sober look at the risks...

Stablecoin Bill Faces Hurdles as Senate Debates Over 122 Amendments

Stablecoin Bill Faces Hurdles as Senate Debates Over 122 Amendments

The Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 Act (GENIUS Act) is at a critical juncture as the Senate grapples with a substantial number of proposed amendments. This playing field leveling legislation would be a first of its kind in the United States. Specifically, it seeks to...

122 Amendments Threaten to Derail Stablecoin Bill: Here's the Real Danger

122 Amendments Threaten to Derail Stablecoin Bill: Here's the Real Danger

Here’s how the GENIUS Act will deliver the much-needed regulatory clarity that the stablecoin market is craving. Yet today, the IRF is on the verge of collapse. Not because of inherent flaws in its core design, but because of a legislative avalanche: 122 proposed amendments. It’s not only limited to...